KEENE, NH. — C&S Wholesale Grocers LLC is acquiring SpartanNash Co., Grand Rapids, Mich., for approximately $1.77 billion. C&S intends to acquire SpartanNash for a purchase price of $26.90 per share of SpartanNash’s common stock in cash, to create a single combined company.

The transaction has been approved by the board of directors of both companies and is expected to close in late 2025, subject to SpartanNash shareholder approval and applicable regulatory approvals.

Both businesses specialize in wholesale distribution of groceries to independent outlets throughout the United States and operate their own corporate-run brick-and-mortar grocery stores. The merger would create a company that operates 60 distribution centers around the United States and will serve close to 10,000 independent retail locations, with more than 200 total corporate-run grocery stores. SpartanNash operates grocery stores under the banners of Family Fare, Martin’s Super Markets and D&W Fresh Market.

The companies said the merger is expected to increase efficiency of distribution through a stronger supply chain, resulting in better pricing for community retailers and lower prices for grocery shoppers.

“We are energized by the opportunities this combination provides for our associates and customers,” said Tony Sarsam, president and chief executive officer of SpartanNash. “For our customers, this transaction creates the necessary scale, efficiency and purchasing power needed to enable independent retailers to compete more effectively with larger big box chains.

“Neighborhood grocers are essential pillars of our communities that we want to preserve and strengthen. A thriving hometown grocery store supports local farmers, bolsters the local economy, and enhances the overall health and well-being of the community.”

C&S CEO Eric Winn added, “Together, we are uniting some of the most advanced capabilities and boldest innovations in the distribution market to better serve communities across the nation. The combination of our two companies’ capabilities puts our collective customers’ stores and our own retail stores at the center of the plate, supporting their ability to thrive in a highly dynamic and competitive environment.”

The transaction price of $26.90 per share represents a 52.5% premium over SpartanNash’s closing price on June 20, 2025, of $17.64, and a premium of 42.0% to its 30-day volume-weighted average stock price as of June 20, 2025.